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Strong Interest in President and CEO Position

Sealaska is pleased to announce strong shareholder interest in the new president and CEO position. Thirty-two candidates applied for the position, with 18 applicants meeting the basic criteria that focused on demonstrated strategic planning and implementation experience, strong business and financial background, and other requisites as adopted by the board of directors.

To maintain a fair and unbiased selection process, the board of directors will conduct blind reviews of candidate information, meaning that no names will be known by the board until the final three interviews.

During the next month and a half:

Egon Zehnder, the recruitment consultant working with Sealaska, will identify the top five applicants, conduct reference checks and send their information to the Sealaska Transition Committee.

The Sealaska Transition Committee will interview the five candidates and narrow the list to three in late April.

A final independent and in-depth reference and background check will be conducted for each of the three candidates.

The full board of directors will interview the top three candidates and select a new president and CEO in the middle of May. This will be followed by review and agreement of employment terms and an orientation to Sealaska.

Message from the Board Chair Albert Kookesh (04.11.2014)

Planning and recruitment for Sealaska’s next president & CEO is well underway. I want to assure you that we are committed to a process that is fair, open, transparent and free from real or perceived conflicts of interest. To that end, we are working closely with independent executive search firm Egon Zehnder. Recently, the board of directors passed a resolution stipulating that current Sealaska employees or directors who apply for the position of president & CEO must recuse him- or herself from any and all activities involving the recruitment process.

I encourage all interested and qualified shareholders to apply for the position. This is a momentous time for Sealaska and an opportunity for continued transformation as we look to the future.